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1. • • A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand. The oil blend known as West Texas Intermediate (WTI) was going for about $87 a barrel on Thursday.
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     Price gap on heavy Canadian oil tops $30 per barrel, widest ...

2. People also ask

   How is a barrel price converted to Canadian dollars?

   • Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre. NYMEX: The New York Mercantile Exchange (NYMEX), the world's largest physical commodity futures exchange.

   Selected Crude Oil Price Daily March 2021 (Canadian dollars per cubic

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-march-2021-canadian-dollars-cubic-metre/23702

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   How much is a barrel of oil worth?

   • (Richard Carson/Reuters) A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a perfect storm of imbalances between supply and demand.

   Price gap on heavy Canadian oil tops $30 per barrel, widest spread

   www.cbc.ca/news/business/oil-price-canada-1.6613584

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   How are oil prices measured?

   • Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media.

   Alberta Economic Dashboard | WCS oil price

   economicdashboard.alberta.ca/dashboard/wcs-oil-price/

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   How are barrel prices calculated?

   • Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.

   Selected Crude Oil Price Daily March 2021 (Canadian dollars per cubic

   natural-resources.canada.ca/our-natural-resources/energy-sources-distribution/fossil-fuels/crude-oil/oil-pricing/selected-crude-oil-price-daily-march-2021-canadian-dollars-cubic-metre/23702

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   What is oilprice?

   • Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical features.

   Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com/oil-price-charts/257

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   Why is oil price important for Canadian investors?

   • Oil price is significant for Canadian investors. Some investors use Canadian ETFs to speculate on oil prices. For example, HUC-Horizons Crude Oil ETF replicates the crude oil price performance. More importantly, a substantial portion of the S&P/TSX Composite index is composed of Canadian oil stocks.

   Canadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca/oil-price-Canada

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     The Canadian dollar was mostly steady on Friday but dipped below the 73 United States cent mark. The loonie closed at US$0.7298 or US$1=C$1.3702, compared to US$0.7300 or US$1=C$1.3698 on Thursday. The United States Dollar Index was up 0.

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     Glacier Farm Media MarketsFarm – The Canadian dollar gained ... Benchmark crude oil prices eased back on Tuesday morning, despite tightening global supplies. Brent crude oil lost 26 cents at US$85.75 per barrel and West Texas Intermediate was down ...

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4. wowa.ca › oil-price-CanadaCanadian Oil Price (Western Canadian Select) | WOWA.ca

   wowa.ca › oil-price-Canada

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   This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.

5. oilprice.com › oil-price-charts › 257Western Canadian Select Oil Price Charts | Oilprice.com

   oilprice.com › oil-price-charts › 257

   • Cached

   Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...

6. www.exchangerates.org.uk › commodities › live-oilLive Crude Oil Price in Canadian Dollars | OIL CAD | Live ...

   www.exchangerates.org.uk › commodities › live-oil

   • Cached

   5 days ago · Welcome to the Live Crude Oil Price in Canadian Dollars (OIL CAD) page within our Live Crude Oil Prices and Live Commodities section - Read More

7. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily March 2021 (Canadian dollars ...

   natural-resources.canada.ca › our-natural

   • Cached

   Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.

8. www.cbc.ca › news › businessPrice gap on heavy Canadian oil tops $30 per barrel, widest ...

   www.cbc.ca › news › business

   • Cached

   Oct 14, 2022 · A barrel of the North American oil benchmark is changing hands for about $90 US a barrel right now, but the heavy crude that comes from Canada's oilsands is fetching $30 less because of a...

9. economicdashboard.alberta.ca › dashboard › wcs-oil-priceAlberta Economic Dashboard | WCS oil price

   economicdashboard.alberta.ca › dashboard › wcs-oil-price

   May 24, 2024 · Updated - May 24, 2024. WCS oil price. Oil prices are measured in US dollars per barrel as reported by Western Canada Select (WCS), the price obtained for many Alberta producers of oil, and West Texas Intermediate (WTI), a world reference price usually quoted in the media. On this page: Alberta API. Alberta Economic Dashboard.

10. natural-resources.canada.ca › our-naturalSelected Crude Oil Price Daily January (Canadian dollars per ...

    natural-resources.canada.ca › our-natural

    • Cached

    Nov 8, 2021 · Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta.